NASDAQ OMX Welcomes Nexam Chemical to First North

April 23, 2013 07:30 ET | Source:Nasdaq Nordic

Stockholm, April 23 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Nexam Chemical Holding AB (short name: NEXAM) shares will commence today on First North at NASDAQ OMX Stockholm. Nexam Chemical belongs to the Basic Materials sector and is the sixth new company to be admitted to trading on First North in 2013.

Headquartered in Lund, Sweden, Nexam develops, manufactures and sells an entirely new type of heat-activated crosslinkers to the plastics market. Nexam’s technology and products makes it possible to cost-effectively and significantly improve the characteristics and performance in most types of plastics. Examples of properties that are improved include increased temperature resistance and longevity of material. Nexam is currently working with 18 of the world's 100 largest chemical and materials companies.

“On First North we can take advantage of the international investor reach that comes with being a publically traded company,” said Per Morin, CEO at Nexam Chemical. “As a relatively small company that strives to do business with large and global enterprises it makes perfect sense to be part of NASDAQ OMX as it gives us the credibility needed to move our growth strategy to the next level.”

We are excited to welcome Nexam Chemical to First North, one of Europe’s most liquid growth markets,” said Emelie Jarnesten, head of NASDAQ OMX First North. “Nexam Chemical operates in a market with tremendous potential and we look forward to supporting them in growing their investor visibility on a local, European and global level.”

About First NorthFirst North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.

About NASDAQ OMXThe inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 24 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

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